McKinsey has put an initial price tag on the potential of Blockchain at $110 billion..!!

BLOCKCHAIN INSURANCE

Credit: pymnts

I was scanning my news feeds earlier and I came across this great article I thought I would share.

Credit to pymnts for the content.

http://www.pymnts.com/news/b2b-payments/2017/mckinsey-blockchain-distributed-ledger-insurance-financial-services-b2b-payments-cross-border-trade-finance/

Credit: pymnts

DEBT and INSURANCE are two Industries that I believe will gain the greatest benefits in the early stages of adoption of Blockchain and these two sectors will be used as the foundations for the mass adoption in the coming decade.

Exciting times ahead for anyone in the Global Financial Markets.

Thanks for reading.

Stephen

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This post has been ranked within the top 80 most undervalued posts in the second half of Jan 19. We estimate that this post is undervalued by $5.85 as compared to a scenario in which every voter had an equal say.

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I think the next 5-7 years will be revolutionary for the financial sector. Also areas such as SupplyChainManagement and health systems will be the great profiteers of the new technologies. Great article and thank you for the post!

"I think the next 5-7 years will be revolutionary for the financial sector."

Nailed it..!! You can rip up all the Global Trade Agreements that are in place because in the future (5-7 years) BLOCKCHAIN will be only Trade Agreement. THERE WILL BE NO OTHERS. Thanks for the support I appreciate it. Stephen

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